General Announcement::TERMINATION OF SUBSCRIPTION AGREEMENT GOVERNING THE PLACEMENT OF 266,666,600 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Mar-2020 13:39:18
Status
New
Announcement Sub Title
TERMINATION OF SUBSCRIPTION AGREEMENT GOVERNING THE PLACEMENT OF 266,666,600 NEW ORDINARY SHARES
Announcement Reference
SG200326OTHRT0JX
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
TERMINATION OF SUBSCRIPTION AGREEMENT GOVERNING THE PLACEMENT OF 266,666,600 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0225 PER SHARE AND CONDITIONAL GRANT OF SHARE OPTIONS EXERCISABLE INTO UP TO 444,444,400 NEW ORDINARY SHARES AT AN EXERCISE PRICE OF S$0.0225 PER SHARE

Please refer to the attachment for details.

Attachments